Do you think the cost of the build will work out as you expect?

Would love to know more about the market, what to look out for, and any areas to avoid at all costs.

Requires the tenant to pay the landlord's attorney's fees or costs that are incurred in any legal action or dispute arising under the rental agreement.This is the illegal provision that I see the most often when reviewing rental agreements.

And then an actual message comes through. 2 weeks after check out they wanted to let us know about some spider webs, a microwave built-in that was too high (based on preference), a power strip with loose wire connection and several other items that they never let us know about during their stay.

Low cost of living, strong job markets, and strong monthly rental growth in both these states have a lot to do with it too.

Recently we've found seller(s) to be increasingly receptive to concessions of up to $20k towards buyer(s) closings costs.

Do you know how to evaluate repair costs so you know what offer?

If you manage it and screw something up, you'll cost him a lot of money and you'll lose the friendship.

The negative is that the title ins can cost 3-4x or more than what traditional title ins will cost.

Everyone seems to talk about including the costs of the new mortgage, taxes, insurance, maintenance & capital reserves, and the vacancy projections when looking at realistic cashflow, which we already do for all the properties in our rental portfolio.But we, like many, cant find properties that are making any cashflow sense right now.